06/10/2021 – Energy / Green Hydrogen / Protium / Petrofac / UK
Green hydrogen firm Protium to partner with energy services leader Petrofac
UK green hydrogen energy company Protium has announced the signing of a strategic partnership with Petrofac – a leading international service provider to the energy industry – with the aim of delivering green hydrogen projects in the UK.
The strategic partnership aims to provide clients with access to Protium’s green hydrogen expertise and Petrofac's world-class engineering, procurement and construction (EPC) and energy project delivery legacy – drawing this knowledge together to deliver market-leading, innovative green hydrogen and net zero projects across the UK.
Leveraging green hydrogen and global EPC expertise
The two brands will leverage London Stock Exchange quoted Petrofac’s technical engineering expertise during the early phases of Protium's projects with the aim of delivering the full EPC offering to shared clients. This includes projects involving the development of renewable energy assets, green hydrogen production facilities and downstream hydrogen equipment. Through this partnership, clients will benefit from the expedited delivery of green hydrogen projects that are both innovative and bespoke depending on the client’s sector and energy needs.
With an expanding CAPEX pipeline totalling more than £1 billion, Protium’s work assists businesses to transform their decarbonisation strategies to achieve net zero, specifically through the decarbonisation of mobility, thermal and electrical demand.
Delivering 1GW of green hydrogen production assets by 2030
“I am delighted to announce our partnership with Petrofac, whose world-leading experience in green hydrogen EPC work (notably with Infinite Blue Energy’s Arrowsmith project in Australia) will enable Protium to deliver exceptional projects for our clients,” enthused Chris Jackson, CEO of Protium, which has offices in London and Caerphilly, and a growing presence in Scotland. “This marks another exciting chapter in the development of Protium as we continue to secure best-in-class partners, clients, sites and staff to accelerate the transition to net zero energy solutions.”
Also commenting on the partnership, John Pearson, COO of Petrofac, said the new alliance with Protium neatly demonstrated Petrofac’s commitment to support the creation of a more integrated energy future in the UK. “We’re delighted to combine Petrofac’s engineering, project management and operations capabilities with Protium’s green hydrogen and project development expertise to support its target to deliver 1GW of production assets by 2030 for a range of industrial customers,” said Mr Pearson, whose company has 9,400 employees based across 31 offices globally.
In a joint statement, Protium and Petrofac said that they are already actively pursuing a number of commercial green hydrogen projects around the UK, as well as jointly bidding on multiple government-funded programs to demonstrate the technical and commercial effectiveness of green hydrogen solutions.
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